EWC Options History — July 2024

In July 2024, EWC traded between $36.97 and $38.98. ATM implied volatility averaged 13.9%, placing in the 25.6% IV rank vs the trailing year. The 30-day expected move averaged 4.0%. IV traded above realized volatility by 1.7% (HV 20d: 12.2%). Max pain ranged from $36.00 to $37.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 14 of 22 days. Put/call ratio averaged 8.18.

Notable Days

  • 2024-07-25: Highest Volume — 51,085 contracts
  • 2024-07-19: Largest IV spike — 15.3% change
  • 2024-07-26: Highest IV Rank — 48.6%
  • 2024-07-26: Largest Expected Move — 5.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$38.20$36.97$38.98$36.97$38.97
Max Pain$36.50$36.00$37.00$37.00$37.00
ATM IV13.9%10.3%17.5%12.5%15.2%
Expected Move4.0%3.2%5.0%3.6%4.3%
HV 20d12.2%11.1%13.9%12.8%11.9%
HV 60d12.8%12.5%13.3%12.9%12.8%
IV Rank25.6%1.6%48.6%16.4%33.6%
IV Percentile34.2%0.4%83.7%3.6%54.8%
Term Structure-0.1%-8.0%6.5%0.2%-0.2%
VWIV14.0%10.8%18.8%12.5%15.2%
Skew 25d2.9%-1.2%7.1%1.4%3.1%
Skew 10d5.5%-3.9%11.5%2.6%4.3%
Call IV 25d13.2%9.8%16.4%12.4%14.7%
Put IV 25d16.1%12.4%20.5%13.9%17.8%
Bid-Ask Spread %89.9374.96109.9589.5597.47
Gamma HHI0.450.240.730.710.26
Net GEX-5.0M-8.5M-3.5M-4.8M-8.5M
Net DEX18.3M-20.7M68.1M37.1M40.2M
Net VEX-1.1M-2.0M-689.7K-734.7K-2.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio8.180.0880.073.590.25
Total Volume5,078.51051,085101116
Total OI148,055.36495,168244,67695,168244,676

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-07-01$36.97$37.0012.5%3.6%12.8%16.4%12.5%1.4%0.2%-4.8M37.1M-734.7K3.5989.55N/AN/A227924,14671,022
2024-07-02$37.27$37.0011.5%3.3%13.2%9.7%12.1%2.7%1.1%-4.8M29.5M-718.8K4.0687.02N/AN/A3614624,16671,033
2024-07-03$37.81$37.0011.1%3.2%13.9%7.2%10.9%-0.2%0.8%-4.0M18.0M-689.7K16.7889.99N/AN/A2574,31324,20271,160
2024-07-05$37.69$36.0010.3%3.6%13.8%1.6%14.6%3.2%-0.6%-4.6M21.0M-712.9K80.0784.57N/AN/A13710,96924,28275,438
2024-07-08$37.59$36.0011.3%3.5%13.7%8.5%0.0%3.6%0.6%-6.0M35.3M-800.8K0.2589.60N/AN/A651624,33586,383
2024-07-09$37.53$36.0012.0%3.5%13.0%13.0%13.2%2.9%2.7%-5.8M38.6M-795.6K1.0186.09N/AN/A15215424,39986,390
2024-07-10$38.06$36.0012.6%3.6%13.9%17.1%10.8%-1.2%0.8%-5.2M32.6M-789.2K1.0089.25N/AN/A15,11115,12324,48286,483
2024-07-11$38.41$36.0013.6%3.9%12.2%23.2%13.7%2.5%-5.9%-4.2M-247.6K-1.1M13.0781.72N/AN/A1519640,955103,121
2024-07-12$38.64$36.0012.2%3.5%12.2%14.2%11.8%2.4%0.6%-3.9M-13.6M-1.0M0.2678.60N/AN/A1784641,012103,306
2024-07-15$38.61$36.0012.7%3.6%11.1%17.5%11.8%2.5%1.1%-3.9M-11.0M-1.0M0.0879.47N/AN/A4353541,163103,314
2024-07-16$38.98$36.0012.8%3.7%11.1%17.8%14.5%2.7%1.0%-3.5M-20.7M-1.0M0.5974.96N/AN/A704141,569103,294
2024-07-17$38.70$36.0013.8%4.0%11.6%24.7%15.5%2.9%0.4%-3.6M-15.4M-1.0M0.8579.19N/AN/A86273741,494103,274
2024-07-18$38.42$36.0014.5%4.2%12.2%29.3%15.3%2.8%2.4%-3.9M-10.4M-1.0M0.5881.14N/AN/A331941,614103,145
2024-07-19$38.39$36.0016.7%4.8%12.2%43.8%13.6%7.1%6.5%-3.9M-1.5M-1.1M0.4093.32N/AN/A32412842,299103,289
2024-07-22$38.64$37.0014.5%4.1%12.2%28.9%14.7%2.7%-0.2%-4.2M2.0M-1.1M0.8088.10N/AN/A151241,30998,778
2024-07-23$38.45$37.0015.8%4.5%11.2%37.7%0.0%5.1%1.3%-3.9M-492.2K-1.0M1.50100.52N/AN/A4641,31698,777
2024-07-24$38.14$37.0015.6%4.5%11.7%36.5%18.8%4.6%-3.1%-3.9M14.9M-1.1M2.47107.98N/AN/A194740,62098,771
2024-07-25$38.09$37.0016.1%4.6%11.5%39.6%16.1%1.2%0.3%-4.0M7.5M-1.3M15.9899.08N/AN/A3,00848,07750,619108,816
2024-07-26$38.34$37.0017.5%5.0%11.3%48.6%14.6%3.1%-1.6%-7.8M68.1M-2.0M0.22102.83N/AN/A501153,619179,830
2024-07-29$38.25$37.0017.2%4.9%11.1%46.5%15.3%3.2%-1.5%-7.9M67.1M-1.9M28.0088.15N/AN/A2261655,654178,827
2024-07-30$38.39$37.0017.3%5.0%11.1%47.5%0.0%4.6%-8.0%-8.5M63.8M-2.0M0.00109.95N/AN/A010,02555,675179,161
2024-07-31$38.97$37.0015.2%4.3%11.9%33.6%15.2%3.1%-0.2%-8.5M40.2M-2.0M0.2597.47N/AN/A932355,675189,001